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Jun 21, 2018

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Conroy successfully lobbies for reduced online gambling

Stephen Conroy They argue that most companies were not profitable enough to pay 15 percent in revenue tax. The decision by the state of Victoria has, expectedly, met its fair share of criticism. The most recent is the claim that it would undercut decisions by neighboring states. For instance, South Australia had earlier proposed a 15 percent tax rate in mid-2017 and Western Australia is on course to implement a similar rate beginning next year. Tim Costello of the Alliance for Gambling Reform also castigated the move by Victoria and criticized Responsible Wagering Australia (RWA) and Conroy. He said they pressured the state government into the delay, as well as the eventual reduction of tax rates on gambling . He, however, welcomed the decision and acknowledged the state was committed to reviewing its operations in 2020. The journey to the favorable outcome began late last year when online gambling companies began their petition against the 15 percent point-of-consumption tax, which stipulates the state is to receive the same amount in revenues on gambler losses. What resulted are dramatic lobbying efforts to stop, or at least reduce, these rates.

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